Other Briefings
Laos Increases Minimum Monthly Wage for the Third Time in Eight Years
The Lao government has increased the country’s monthly minimum wage from Kip 900,000 (US$108) to Kip 1,100,000 (US$132) with effect from May 1, 2018. While this is the third such raise in the last eight years, the revised wages are still significantly lower than those in neighboring countries in ASEAN.
The Philippines’ FTA with the European Free Trade Association Enters into Force in June
The Philippines’ FTA with the European Free Trade Association, which will come into force on June 1, 2018 for the Philippines and Switzerland, will significantly benefit businesses exporting goods from the Philippines to the EFTA member states. Read more in our latest article.
Myanmar’s Daily Minimum Wage Increased from Kyat 3,600 to Kyat 4,800
Myanmar’s union government has increased the country’s daily minimum wage for an eight-hour work day from Kyat 3,600 (US$2.65) to Kyat 4,800 (US$3.54). The wage increase is the first since Myanmar introduced a minimum wage as part of the government’s labor market reforms in 2015.
Cambodia Grants Validation to European Union Patents
Cambodia is the first Asian country to grant validation to European patents. Read our latest article to know what requirements are to be met in order to validate patents in Cambodia.
Corporate Establishment in Thailand: What You Need to Know
Thailand’s ranking on the World Bank’s Ease of Doing Business index for 2018 moved up 20 positions to 26th among 190 economies worldwide. In this article, we analyze the various market entry options available for investors interested in expanding to the kingdom.
IP Protection in the Philippines’ Food and Beverage Industry
In this article, South-East Asia IPR SME Helpdesk highlights the measures companies should adopt to protect their IP in the Philippines’ food and beverage industry.
Thailand’s Automotive Industry: Opportunities and Incentives
Thailand offers great investment potential as a leading automotive production base in ASEAN. Read our latest article to know more about the opportunities and incentives on offer as well as the outlook for 2018.
Singapore Announces New FinTech Fast Track initiative
Singapore has launched a new financial technology (FinTech) Fast Track initiative that provides an expedited patent application-to-grant process for financial technology innovations. Read more in our latest Regulatory Brief.
The 2018/19 ASEAN Tax Comparator – New Issue of ASEAN Briefing Magazine
The latest issue of ASEAN Briefing Magazine titled, “The 2018/19 ASEAN Tax Comparator”, is out now and available to subscribers as a complimentary download in the Asia Briefing Publication Store.
Indonesia: Future Halal Market Hub
In this week’s ASEAN Market Watch, we take a look at the measures adopted by Indonesia to make its Halal industry attractive for investors.
